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S&P re-rates Newmont's Yandal operations

NEWMONT Mining Corp's subsidiary Newmont Yandal Operations has had its credit rating cut to junk ...

Michael Quinn

The review found that 2.8 million ounces of Yandal's 3.4Moz hedge book potentially requires cash settlement before their delivery date, meaning the company had, as at December 31, a $364.2 million exposure....

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